Business
Cashless Economy: PHCN Begins e-Payment In PH
The Power Holding Company of Nigeria (PHCN) has commenced the use of cashless policy of the Central Bank of Nigeria in the settlement of electric bills.
This was made known yesterday in Port Harcourt during the customers consultative council forum, where customers were enlightened on the use of electronic device to settle their PHCN bill.
Speaking during the forum, the assistant General Manager, Finance of PHCN in the state, Mr Okechukwu Tasie said the company is partnering with Fin Bank to execute the e-payment.
Tasie noted that any payment made to Fin Bank through cashless policy will get to PHCN, adding that the device will reduce the burden of PHCN.
Enlightening the customers of PHCN, the group head, E-Business of Fin Bank, Mr Segun Falana commended Port Harcourt PHCN for being the first to apply the cashless policy.
Falana who x0ray the benefits of the cashless policy, stated the need for all the companies and the society to embrace the cashless policy as it will reduce fraud and increase customers satisfaction.
He said that e-payment will also make PHCN’s bill settlement faster, adding that customers can now pay their bills through point of set (POS), flash me cash, quick tell and internet banking system.
Also speaking, the business manager of PHCN, Engr F.A.Nnegbu stressed that the era of having light without metres are over, adding that PHCN is working round the clock to ensure that most complaints of customers are handled.
He reiterated that customers should ensure that PHCN officers read their metres before releasing the bills.
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Senate Orders NAFDAC To Ban Sachet Alcohol Production by December 2025 ………Lawmakers Warn of Health Crisis, Youth Addiction And Social Disorder From Cheap Liquor
The upper chamber’s resolution followed an exhaustive debate on a motion sponsored by Senator Asuquo Ekpenyong (Cross River South), during its sitting, last Thursday.
He warned that another extension would amount to a betrayal of public trust and a violation of Nigeria’s commitment to global health standards.
Ekpenyong said, “The harmful practice of putting alcohol in sachets makes it as easy to consume as sweets, even for children.
“It promotes addiction, impairs cognitive and psychomotor development and contributes to domestic violence, road accidents and other social vices.”
Senator Anthony Ani (Ebonyi South) said sachet-packaged alcohol had become a menace in communities and schools.
“These drinks are cheap, potent and easily accessible to minors. Every day we delay this ban, we endanger our children and destroy more futures,” he said.
Senate President, Godswill Akpabio, who presided over the session, ruled in favour of the motion after what he described as a “sober and urgent debate”.
Akpabio said “Any motion that concerns saving lives is urgent. If we don’t stop this extension, more Nigerians, especially the youth, will continue to be harmed. The Senate of the Federal Republic of Nigeria has spoken: by December 2025, sachet alcohol must become history.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
According to him, “This is not just about alcohol regulation. It is about safeguarding the mental and physical health of our people, protecting our children, and preserving the future of this nation.
“We cannot allow sachet alcohol to keep destroying lives under the guise of business.”
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